Gelonghui July 5th 丨Some investors asked Xinte Electric (301120.SZ), “What are the application prospects of the company's products in the field of new energy? In particular, what are the competitive advantages of frequency conversion speed regulation technology in regulating the peak and valley of new energy power generation, and what are the future market prospects?”

Xinte Electric replied that in the field of new energy power, the importance of energy storage as an industrial technology direction supporting the country's “double carbon” strategy is becoming more and more prominent, and “new energy+energy storage” will become the mainstream solution in the future. The widespread application of energy storage technology is a major strategic requirement to ensure energy security, implement energy saving and emission reduction, and promote the green and low-carbon development of the whole society. It plays an irreplaceable role in effectively advancing the energy revolution. The company uses a series of new products in the energy storage field, such as energy storage converters, transformers, all-in-one boosters, industrial and commercial energy storage systems, etc., and will welcome market opportunities brought about by rapid market growth in the next few years.